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Resin Capsule Market - Growth, Trends, And Forecasts (2020 - 2025)

Published on: Jun 2020 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 120

The resin capsule market is expected to witness a CAGR of over 4%, during the forecast period. One of the main factors driving the market is growing demand for resin capsule from the mining industry. However, volatility in raw material prices of resin capsule is expected to hinder the growth of the market studied.

- By the end-user Industry, resin capsule from the mining industry is expected to dominate the market, over the forecast period.
- Growing demand for resin capsule from the oil and gas industry is likely to act as an opportunity for the market studied in the future.
- Asia-Pacific is expected to dominate the market with the largest consumption from countries, such as China and India.

Key Market Trends

Growing Demand of Resin Capsule from the Mining Industry

- The resin capsule consists of a structural adhesive grout and resin, such as unsaturated polyester resin and a threaded rod or a reinforcing bar, which is inserted in a drilled hole, to develop their holding capacities by bonding of the adhesive grout to both the anchor and concrete.
- Easy installation and resistance to anchoring failure by vibration make resin capsule the best suite for the mining Industry.
- Increasing safety concerns in underground mines, due to tunnel failure, boosted the demand for resin capsule bolts.
- The demand for more flexibility in planning, designing, and strengthening concrete structures resulted in an increased consumption of chemical grouted anchors.
- Hence, owing to the above-mentioned factors, the application of resin capsule from the mining industry is likely to dominate, during the forecast period.

Asia-Pacific to Dominate the Market Studied

- Asia-Pacific is expected to dominate the market for resin capsule, during the forecast period. The increasing demand for resin capsule, with growing mining and construction activities in developing countries, like China and India, is expected to drive the demand for resin capsule in the region.
- The largest producers of resin capsule are located in Asia-Pacific. Some of the leading companies in the production of resin capsule are Orica Limited, Sormat Oy, DSI Underground, Minova, and Fischerwerke GmbH & Co. KG, among others.
- The metals and mining sector in India is expected to witness a major reform in the next few years, owing to reforms, such as Make in India Campaign, Smart Cities, Rural Electrification, and a focus on building renewable energy projects under the National Electricity Policy, as well as the rise in infrastructure development.
- According to China's statistical yearbooks, the construction industry has contributed considerably to the country's economic development. The urbanization process and gross output of the construction industry in China have increased from USD 0.21765 trillion to USD 2.902 trillion.
- Owing to the above-mentioned factors, the Resin Capsule Market in the Asia-Pacific region is projected to grow significantly, during the study period.

Competitive Landscape

The resin capsule market is partially consolidated in nature, with only few major players dominating the market. Some of the major companies are Orica Limited, Sormat Oy, DSI Underground, Minova, and Fischerwerke GmbH & Co. KG, among others.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Demand of Resin Capsule from the Mining Industry
4.1.2 Other Drivers
4.2 Restraints
4.2.1 Volatility in Raw Material Price of Resin Capsule
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Degree of Competition

5 MARKET SEGMENTATION
5.1 Catalyst Type
5.1.1 Organic Peroxide
5.1.2 Oil-based
5.1.3 Water-based
5.2 Resin Type
5.2.1 Polyester
5.2.2 Epoxy
5.2.3 Acrylic
5.2.4 Other Resin Types
5.3 End-user Industry
5.3.1 Construction
5.3.2 Mining
5.3.3 Oil and Gas
5.3.4 Industrial Manufacturing
5.3.5 Other End-user Industries
5.4 Geography
5.4.1 Asia-Pacific
5.4.1.1 China
5.4.1.2 India
5.4.1.3 Japan
5.4.1.4 South Korea
5.4.1.5 Rest of Asia-Pacific
5.4.2 North America
5.4.2.1 United States
5.4.2.2 Canada
5.4.2.3 Mexico
5.4.3 Europe
5.4.3.1 Germany
5.4.3.2 United Kingdom
5.4.3.3 France
5.4.3.4 Italy
5.4.3.5 Rest of Europe
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle-East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 South Africa
5.4.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Orica Limited
6.4.2 DSI Underground
6.4.3 RSC Ekusasa Mining
6.4.4 Fischerwerke GmbH & Co. KG
6.4.5 Sormat Oy
6.4.6 Minova
6.4.7 Koelner Rawlplug IP
6.4.8 Liebig International Ltd
6.4.9 Hexion Inc.
6.4.10 Bohle AG
6.4.11 Barnes Group
6.4.12 Buildtech Products India Pvt. Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Growing Demand of Resin Capsule from the Oil and Gas Industry
7.2 Other Opportunities

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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